クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

Friday’s Market Meltdown: What Sent Bitcoin, Gold, and Wall Street Tumbling?

Friday was a brutal day for essentially all financial markets, even though the only notable news that went live was positive, as the US saw the strongest jobs report in a year and a half.

The analysts at the Kobeissi Letter tried to simplify what transpired and explain why markets reacted in such a painful manner.

What Exactly Happened?

If you are reading this, you are probably aware of what took place in the crypto markets. Bitcoin plunged to $59,100 for the first time since November 2024, dragging the entire altcoin field with it and triggering over $1.7 billion in liquidations at one point. But, the crash was not just in crypto.

Gold, traditionally regarded as a safe-haven tool known for its stability, dumped by over 4% in a day from more than $4,500 to $4,315. Wall Street experienced a similar decline, with the S&P 500 erasing $2 trillion from its market cap in a single trading session. The Nasdaq 100 printed seven consecutive hourly red candles during the day in what became its worst drop since Trump’s so-called “Liberation Day” from over a year ago.

And most of those losses took place after the US jobs report went live, which was highly promising – the strongest in 18 months. This financial crash, then, appears puzzling, and even the POTUS himself seemed confused by this situation.

US President Trump on Truth Social
US President Trump on Truth Social

So Why Down Then?

However, such good news does not appear to be beneficial to BTC and other risk-on assets, according to some analysts.

“Strong jobs data kills the rate cut narrative. Bitcoin, already down 15% and sitting on uncleared leveraged longs, has no macro catalyst to recover into, and Middle East tensions are keeping risk appetite soft across markets,” told us the analysts from Nansen.

Their colleagues at the Kobeissi Letter concurred, indicating that when the Fed made its first rate cuts of 2025, it was “specifically because of labor market weakness,” not because the inflation had reached or even neared the 2% target.

With inflation skyrocketing again due to the war against Iran, the bond market has held on to “hopes of rate cuts for some time because of the “weak” labor market.” The jobs report from Friday, though, has “flipped that sentiment, and the weakness of the labor market is being questioned.”

Additionally, the report showed that job openings rose by over 730,000 positions in April, while experts anticipated no change. Available employment jumped to 7.6 million for the month, the highest in two years.

The result of all of the above means that markets have seen the “most hawkish shift in Fed expectations since post-pandemic stimulus.” Experts now believe there will be rate hikes by early 2026, while the overall expectations until months ago suggested up to 4 cuts.

Separately, reports claimed recently that Meta is considering raising “tens of billions of dollars” through a stock offering to fund AI development, similar to Google’s $85 billion raise. Such moves increase investor concerns as big tech could start flooding the market with equity raises to fund AI growth.

SpaceX’s IPO, scheduled for June 12, could also be among the culprits, as “funds are likely selling to make room” for this major event.

“Sum it all up, and the market, which was up 20%+ in 2 months, was overdue for today’s decline,” concluded the analysts.

ポスト Friday’s Market Meltdown: What Sent Bitcoin, Gold, and Wall Street Tumbling? に初登場した。 クリプトポテト.


コメント

コメントを残す

メールアドレスが公開されることはありません。 ※ が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (458) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (74) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク